How To Measure The Business Value Of Your Digital Transformation: Can Industrial Era Metrics Mislead You Into The Wrong Decisions And Failed Digital Transformations?
Towards new holistic strategy execution measure of risk and performance for digital transformations
Over 50% of the “2000-Fortune 500” does not longer exist and according to Cisco’s John Chambers, “probably 40% of today’s businesses will fail in the next 10 to 15 years; 70% will attempt to transform themselves digitally, but only 30% will succeed”.
Why? Is there a missing ingredient in failed digital transformations? How to measure your digital capabilities that are needed to improve your KPIS?
According to Thomas Siebel in McKinsey’s Magazine, “Digital transformation changes everything, how products are designed, manufactured, sold, delivered and serviced and CEOs need to rethink how companies execute, with new business processes, management practices, information systems and customer relationships”.
However, is there a missing ingredient?
Attempting digital transformations with industrial era metrics will result in erroneous decisions because in digital transformations and risk management digitization, the way you measure and its alignment to the C-suite will determine your results.
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If you want to know more about the SIMMETHOD, please check out the online course below:
https://globalriskacademy.com/p/simmethod
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